Newmark Security Share Discussion Threads

[seangwhite] 22/2/2022 17:38

Marie in taking this to new lows might be setting it up to take it private. There is no other explanation for her performance over the past few years as CEO.

[kemche] 01/2/2022 10:05

HH, If you were absolutely forced to would you ever consider investing in a company not in need of a fundraising?

Cash generated from operations (1,293)


Cash and cash equivalents at end
of period/year 211

[hedgehog 100] 28/1/2022 14:58

At just 35p, NWT's chart is about the level of its historic twenty year lows, from which it has repeatedly risen very well.

[hedgehog 100] 28/1/2022 14:50

"Maurice Dwek – 20.22%
Marie-Claire Dwek – 0.53%"



Maurice and Marie-Claire Dwek between them own under 21% of NWT shares, so could be outvoted by nearly 4 to one.

Perhaps other major shareholders are satisfied that the company is doing the right things: investing in product development, for the future benefit of the company.

Can anyone suggest a better strategy?


The increasing of levels of stock held is a one-off cost, not an ongoing cost, because the levels won't have to be continually increased. Once they are increased, as they have been, ongoing stock replacement can then be at normal levels.

Indeed, once supply chain issues are resolved as the pandemic subsides, levels of stock held can then be decreased again to normal levels, providing a corresponding cash benefit to match the prior costs of increasing them.

It looks to me that these first half results are the nadir, and the outlook going forward is far more positive.

The human capital management (HCM) business looks like a strong success story, and with more contract wins in the offing, and exciting product development.

[davidosh] 27/1/2022 22:09

Well in 2016 she managed to get the share price up to £2.30 so nobody complained then.

What went wrong or are you suggesting it took three years to find out the problem?

[seangwhite] 27/1/2022 21:10

It is easy to see the tenure of MDK at NWT since 2013 the shareprice has gone from 67p to today's low level. That demonstrates the level of incompetence in my book. Any undependent member of the BOD should have called for a change in CEO years ago but none did. Looks like how a private family company could be badly run not a PLC with proper governance.

[hedgehog 100] 22/1/2022 21:08

From NWT's website:

"Our Investment Case

We aim to deliver sustainable value for our shareholders and our broader stakeholder community through our position in high-growth, specialist markets in data and security and our long-term outlook.

✔ High growth technology and data business operating in rapidly evolving global markets
✔ Strong competitive position offering differentiated solutions with high barriers to entry
✔ Continued reinvestment delivering innovative, class-leading product portfolios
✔ Strategy to transition to a recurring revenue model in the medium-long term
✔ Long-standing customer relationships and high degrees of repeat business
✔ Experienced management team and a long history in established markets"

[hedgehog 100] 22/1/2022 20:48

Thanks Value Hound.

As far as I'm aware, Techinvest haven't covered NWT.

Maybe it hasn't been 'techy' enough for them.

But NWT's development of its software as a service (SaaS) business could potentially change that, and assist in a rerating upwards, especially if the company makes a concerted move into significant profits.


10/09/2021 06:00 UK Regulatory (RNS & others) Newmark Security PLC Final Results LSE:NWT Newmark Security Plc

" ... In our HCM businesses in particular, we continue to generate a greater proportion of our revenues from recurring services. This remains a key part of our strategy. Combined with our existing strengths in data privacy, security and providing end-to-end solutions, I believe this will be an important growth driver for the business in the years ahead.

That's why I am so excited about our newly developed Cloud platform, which we expect to launch in the winter. This will enable us to focus on both Security as a Service (SaaS) and our unique offering, Clock as a Service (ClaaS), which allows customers to choose any clock, bundled with our GT Services, and benefit from one low-cost monthly fee, with a no-quibble lifetime warranty.

... Above all, we are investing in our reputation for providing reliable and high performing hardware. That's how we have been successful in onboarding new Tier 1 clients in the US, and why we remain in negotiation with others. We are talking with several major HCM software providers about supplying them with our next generation hardware and a range of complementary Software as a Service ("SaaS") Solutions.

These services are becoming as important as the hardware for some clients. This is encouraging as we try to balance our hardware sales with our SaaS offering, which provides us with recurring income and bolsters the flow of cash into the business. We also offer Clock as a Service (ClaaS), which brings everything together by allowing customers to choose any clock, bundled with our GT services, for one low-cost monthly fee.

Managing data privacy and security

Another element of building a strong reputation is how we manage data privacy and data security, in particular biometric data, such as fingerprints and face identification. In the US, there are different rules for biometric data capture and what you can do with it, depending on which state you are in, while in Europe and the UK, we have to adhere to General Data Protection Regulation ("GDPR") rules.

It is complex, which is why we have also invested significantly in our workflow management of biometric data. That has meant gathering the consent of people for using their data in the US and Europe, and ensuring that we have annual penetration testing of our systems - both our timeclocks and our Cloud platforms. We are dealing with this ahead of any potential Federal legislation in the US, reassuring our customers that we are secure, and future proofing our systems. ..."

[value hound] 21/1/2022 19:06

Interesting ratio thanks Hedgehog 100. Incidentally, have Techinvest covered NWT of late?

The interims were on 25 Jan last year; nothing on their website or Sharecast diary etc afaics for this year, but surely imminent? I won't be holding my breath for the big breakout just yet - but they HAVE spent a lot on R&D.

[hedgehog 100] 21/1/2022 18:01

10/09/2021 06:00 UK Regulatory (RNS & others) Newmark Security PLC Final Results LSE:NWT Newmark Security Plc

"... The future
In 2021, we have invested in our business, bolstered our strategy and built the momentum we need to push for growth in the year ahead.
Although we expect to see some progress in Access Control, and the business is in a good place, the biggest opportunities are likely to come in our HCM businesses. We have ambitious growth plans in the UK and the EU, where we have onboarded new clients, with more good prospects lined up.
However, the real step change for Grosvenor Technology could come in the US, where we will grow our business with existing partners and look to onboard new Tier 1 clients with a compelling offering that encompasses a combination of market-leading technology, products and services. ...

Research & Development
The Group has reduced its investment by GBP142,000 to GBP731,000 (2020: GBP873,000) in the People and Data Management division. The investment has been focused on the cloud development of GT Connect, our SaaS platform. Clock development continued with enhancements to our existing GT10 offering and we launched the next generation device GT8 during the year being more compact with enhanced capabilities. The level of investment reduced year on year owing to an intentional slowing down of development activity with the onset of COVID-19 to safeguard our cash position and we were pleased to recommence development once additional financing was in hand. ..."




NWT's R&D investment is a major bull point here.

NWT market capitalisation at the current share price of 41p: £3.84M.

Divided into NWT's year end 30.4.21 R&D spending of £0.731M.

= PRR (price-to-research ratio) of 5.25.

This highlights NWT's bullish growth prospects.


From the legendary tech stocks guru Conor McCarthy:

"Calculate annual R & D expenditure per share and compare it to the share price.
If the PRR (price-research ratio - share price divided by R and D per share) is 5 or less it is nearly always worth buying the shares. This applies particularly to recovery situations. As long as an exploration company has the wherewithal to drill holes, there is always the possibility it will strike it lucky. The same goes for an out-of-favour technology company. As long as it can continue to invest in R and D there is the chance it will come up with a blockbuster product. The lower the PRR the more development bang you get for your buck."

[davidosh] 22/12/2021 13:37

Sean....Do you have personal knowledge of all these comments? Did you work for the company?

[seangwhite] 22/12/2021 13:08

The fact is Dwek is running this as a private company and has no skill or reason to make it work.

[seangwhite] 17/12/2021 22:08

Dwek is ploughing ahead with slowly sinking the company and its assets into the ground. What have we done to have such useless management?

[russman] 11/11/2021 17:42

no one can be bothered anymore.

[nick rubens] 11/11/2021 14:08

Can't seem to get a quote to trade this stock? Have they changed the name or something?

[seangwhite] 11/11/2021 13:24

Dwek reigns here while the whole outfit slowly implodes.

[charo] 11/11/2021 08:19

Cesspit of nepotism.

[russman] 10/11/2021 18:41

30% total votes cast. appears to be no interest.

[russman] 10/11/2021 18:38

was there an agm statement.

[boystown] 10/11/2021 12:38

I don't suppose anyone went to today's AGM?